|April 2004||News Article|
ACT Govt cuts stamp duty and land tax
The ACT Government will cut stamp duty and land tax from July 1.
A national approach to tenancy database regulation needed: REIA
Breaches of the Privacy Act by tenancy database operators will be less likely if a nationally consistent regulatory framework is developed as a result of the review by the Commonwealth and State governments, according to Kareena...
Real-estate agents contribute $4.8 billion to GDP
Real-estate agents contributed $4,784.1 million or 0.6% of the Australian Gross Domestic Product for 2002 – 03, according to Australian Bureau of Statistics figure released today (April 22)
Victoria doing it better: Property Council
The decision by Victoria today (April 20) to slash taxes showed the NSW Government should get in step with its state Labor colleagues and abandon plans to introduce its new retrospective vendor stamp duty, according to...
Energy ratings have sick side effects, architects say
The quest for five star energy ratings could lead to an increase in a range of health hazards in the home and in the office through the “sick building syndrome”, according to Archicentre, the building advisory...
High demand for new O’Malley blocks
Seventy-nine large O’Malley blocks were open for inspection at the weekend.
Units and home alterations at record high
The value units and home alterations completed in the December quarter hit a record high, according to Australian Bureau of Statistics figures issued today (April 19).
Housing investment under fire
The Housing Industry Association says the property market has come under persistent attack, affecting confidence and suggesting that interest rates stay on hold.
House finance falls again
The seasonally adjusted housing finance series continued its recent decline, decreasing by 4.3% in February, the fifth successive monthly decrease, according to Australian Bureau of Statistics figures issued today (Apr 13).
16,000 residential blocks to be ready when needed
The ACT Planning and Land Authority will complete detailed estate planning for 16,000 dwellings over the next five years to help the Government address housing affordability, according to Planning Minister Simon Corbell.
ACT Treasurer rejects stamp duty relief
ACT Treasuer Ted Quinlan rejected today (Apr 7) calls by the real-estate industry to follow NSW’s lead to abolish stamp duty for first home-buyers of property under $500,000.
Interest rates stay put
The Reserve Bank has decided to leave interest rates on hold.
Greens condemn traffic and waste hazards in developments
The ACT Planning and Land Authority has approved some development applications despite reservations by the Department of Urban Services over waste and traffic, according to Greens MLA, Kerrie Tucker.
Residential, office and retail development for Gungahlin
Ground floor residential will be included for the first time in a mixed town-centre development under a large mixed development approved for Gungahlin today (April 6).